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Virginia's Life Science Community By the Numbers
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3,433 Companies
Life science companies in Virginia.
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$8B Industry
Life Science contributes $8B to Virginia's economy.
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30, 504 People
Employed by Life Science companies in Virginia.
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$107,281 Average Wage
Average earnings of life science workers in Virginia.
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1,197 Clinical trials
Biopharmaceutical industry-sponsored trials in Virginia per year.
News
07/20/2026
U.S. Department of Commerce Intends to Invest $169 Million in Tech Hubs Funding to Enhance Economic Competitiveness and National Security
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $169 million across six selected Tech Hubs to advance U.S. leadership in industries essential to our economic competitiveness and national security. These projects are part of EDA’s Regional Technology and Innovation Hubs (Tech Hubs) program, which serves as a key investment in this Administration’s America First agenda, investing in regions …
07/15/2026
Focused Ultrasound Foundation Chairman Receives Lifetime Impact Award
Neal F. Kassell, MD, founder and chairman of the Focused Ultrasound Foundation, received the inaugural Lifetime Impact Award at the 2026 annual meeting of the International Society for Therapeutic Ultrasound (ISTU) in Norway in June. The award honors individuals whose work has fundamentally shaped the development, adoption, and global impact of focused ultrasound. “Dr. Kassell’s …
07/14/2026
ARPA-H awards up to $160 million to advance personalized curative medicines for rare genetic diseases
The Advanced Research Projects Agency for Health (ARPA-H), an agency within the U.S. Department of Health and Human Services, today announced the teams for the Treating Hereditary Rare Diseases with In Vivo Precision Genetic Medicines (THRIVE) program — a critical investment toward bringing new treatments to patients faster and cure rare genetic pediatric diseases. THRIVE …
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